On February 18, 2010, the Peterson Institute hosted the US launch of a report by the Independent International Experts Commission on how to reform Ukraine's economy after its presidential election.

Anders Åslund, PIIE senior fellow and co-chair of the Commission, presented the main conclusions of the report. The premise of the report, entitled Proposals for Ukraine: 2010—Time for Reforms, is that the current combination of a new presidential mandate with the recent shock of severe economic crisis is uniquely propitious for the enactment of major reforms in Ukraine. The Commission calls for profound structural changes in 2010, including full-fledged inflation targeting; gas sector reform; realistic energy pricing; a comprehensive deregulation of enterprise; and the conclusion of an Association Agreement, including a deep and comprehensive free trade agreement, with the European Union. Ceyla Pazarbasioglu, the International Monetary Fund's Mission Chief to Ukraine, led the discussion after Åslund's presentation.

The Commission is co-chaired by Anders Åslund and Ukrainian Professor Olexander Paskhaver. PIIE Director C. Fred Bergsten is also a member of the Commission.